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  3. Study Set
    Fundamentals of Financial Accounting
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    Exam 1: Business Decisions and Financial Accounting
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    The Following Accounts Are Taken from the December 31, Year
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The Following Accounts Are Taken from the December 31, Year

Question 177

Question 177

Multiple Choice

The following accounts are taken from the December 31, Year 4 financial statements of a company.
The following accounts are taken from the December 31, Year 4 financial statements of a company.    -Use the information above to answer the following question.What is the amount of retained earnings on the Balance Sheet at the end of Year 4? A)  $7,725. B)  $6,725. C)  $4,800. D)  $4,725.
-Use the information above to answer the following question.What is the amount of retained earnings on the Balance Sheet at the end of Year 4?


A) $7,725.
B) $6,725.
C) $4,800.
D) $4,725.

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